Discounting an Invoice explained in Detail

A Discount can be offered on any Invoice that has not been fully reversed (ie. that has not been cancelled and/or discounted). You can apply multiple discounts on an Invoice as long it has not been fully reversed.

The Discount button is visible only upon clicking an Invoice. The Discount button will not be visible for an Invoice which has already been fully reversed due to either a previous Discount or Bad Debts or Sales Reversal. This implies that

Maximum Discount possible = Invoice Amount - Reversals

Here, Reversals could be either due to Bad Debts or Discounts or Sales Reversals. Of course, since a Bad Debt Reversal and a Sales Reversal fully balances an Invoice, the question of applying any further Discount does
not arise.

Example 1

Suppose you have already executed the registration request of a domain name of your Customer X and have a Pending Invoice -

A Discount is always provided on the Invoice Amount and not on the amount after any Taxes. When you apply Discount to an Invoice, our system would automatically calculate the applicable tax and apply the same to the Discount Credit Note.

For example, if the Invoice amount is USD 10 and the applicable Tax is 10%, then the total Invoice amount would be displayed as USD 11 (10 + 1 tax). If you wish to give a USD 5 discount on this Invoice, you need to specify the Discount amount as USD 5 itself. When the Discount Credit Note is raised, the total amount would appear as USD 5.50 (5 + 0.5 tax).